Does a Jaguar crossover make sense? Jaguar’s Global Brand Director said that Jaguar “needs a crossover and needs to stop being a saloon-based company.” He adds that a Jaguar XF wagon will appear shortly and says that lightweight cars will become part of the brand’s future DNA.-AB @funkmasterflex

Toyota Motor Corp. will have to face lawsuits claiming deaths and personal injuries caused by unintended acceleration of its vehicles if a tentative ruling by a federal judge in California becomes final. @funkmasterflex

In the highly competitive environment that is Formula One racing, things can get a bit messy. Rivalries. Crashes. Underhanded maneuvers. Team orders. Scandals. But identity crises? This is a new one. But that’s just what we’re looking at with Lotus. Because you see as we head into the 2011 championship, two teams are on the docket that both claim the same name and plan to fly the same colors. @funkmasterflex

After getting an upgrade in 2010, the Cobra Jet is getting revised once again for 2012 with an updated version of the supercharged 5.4-liter V8 and modified suspension, low-drag racing brakes, new black anodized wheels and a stickier set of Goodyear racing slicks. Three colors will be offered – Race Red, Grabber Blue and Winner White – and just 50 will be available from the Ford Racing catalog. Pricing starts at $91,990 with a fully loaded Cobra Jet coming in at $103,980. Hit the jump for the press release and more pics. @funkmasterflex